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485: How to Manage Your Money in a Recession

Achieve Your Goals with Hal Elrod

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Reverse Budgeting

"I am definitely playing much more conservatively right now with my finances to try to weather any storm that may be coming. And I've been doing that for a long time by saving," he says. "Reverse budgeting is allocating money into accounts that become the amount of money that you have to spend on specific areas in your life."

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